After the bankrupt crypto lending platform BlockFi announced that it was saved from bankruptcy, all eyes turned to the bankrupt cryptocurrency exchange FTX.
In a blog post shared on Tuesday, October 24, BlockFi announced that it is out of bankruptcy. you got saved explained. BlockFi, which was among the companies that were chain-affected by the collapse of FTX last year, soon Start making payments to investors who have money left inside Waiting.
The company allows users who have accounts on BlockFi to in the next few months asking them to withdraw the funds inside emails He said they would take it. Accordingly, creditor requests will be processed and withdrawals will begin at the end of the process.
In the statement made by the company, the following statements were made:
BlockFi’s management, advisors, and other stakeholders have worked diligently over the past 11 months to achieve this critical milestone. We are proud to say that BlockFi achieved its Effective Date faster and more efficiently than many other individual-focused cryptocurrency companies.
Will FTX also be able to avoid bankruptcy?
BlockFi was among the cryptocurrency companies that went bankrupt last year, as stated in its official statement. one of the earliest to recover happened. On the other hand, there have been many positive developments on the FTX front recently. by FTX Monday, October 16 In a statement made today, investors To the 2nd quarter of 2024 much 90% refund It was stated that they could take it.
FTX also decided to return to its operations. with new investors continues the conversation.